Business Standard

Page 23 - Latest News

SpiceJet, Credit Suisse end legal battle, sign settlement and consent terms_66431

The settlement and consent terms, executed on May 23, 2022 between SpiceJet and Credit Suisse have also been filed before the Supreme Court of India for final orders

SpiceJet, Credit Suisse end legal battle, sign settlement and consent terms_66431
Updated On : 26 May 2022 | 1:54 AM IST

Flights delayed as ransomware attack on systems wrecks SpiceJet operations_66652

Some flights had to be cancelled; airline claims problem mostly rectified, says it is in touch with expert and cybercrime authorities

Flights delayed as ransomware attack on systems wrecks SpiceJet operations_66652
Updated On : 26 May 2022 | 1:52 AM IST

IndiGo's cargo plans are independent of Interglobe-UPS JV, says airline_66669

Interglobe Enterprise which holds 37.82% in IndiGo, is entering the business of logistics and cargo by forming a 50:50 joint venture with logistics giant UPS

IndiGo's cargo plans are independent of Interglobe-UPS JV, says airline_66669
Updated On : 26 May 2022 | 1:49 AM IST

Hope sanity returns at soonest to supply chains: Sunil Bharti Mittal_66461

He was speaking during a session on 'advancing digital cooperation', moderated by Observer Research Foundation President Samir Saran, during the World Economic Forum Annual Meeting 2022

Hope sanity returns at soonest to supply chains: Sunil Bharti Mittal_66461
Updated On : 26 May 2022 | 1:36 AM IST

Supply chain challenges can be met by exploring other markets: Birla at WEF_66570

He was speaking during a session on 'Balancing globalisation and resilience in a time of crisis' at the World Economic Forum Annual Meeting 2022.

Supply chain challenges can be met by exploring other markets: Birla at WEF_66570
Updated On : 26 May 2022 | 1:31 AM IST

Irdai sets up committees through GIC to suggest industry overhaul_66715

These panels have been formed to look into areas of regulation, products, distribution, finance, health, finance, taxation, ease of doing business, among others

Irdai sets up committees through GIC to suggest industry overhaul_66715
Updated On : 26 May 2022 | 1:17 AM IST

Bank of Maharashtra to pay 5% dividend from net worth on govt nudge_66656

The payout will make a small dent in lender's capital adequacy ratio; stock sheds 3.73% on BSE

Bank of Maharashtra to pay 5% dividend from net worth on govt nudge_66656
Updated On : 26 May 2022 | 1:15 AM IST

Country Delight raises $108mn in series D led by Venturi Partners & Temasek_66508

Founded in 2013, the company delivers dairy, fruits, and vegetables to the doorstep of consumers.

Country Delight raises $108mn in series D led by Venturi Partners & Temasek_66508
Updated On : 26 May 2022 | 1:08 AM IST

PowerMin announces second special scheme in two years to clear discom dues_66636

Total amouny owed to gencos at record Rs 1 trillion; scheme enables discoms to pay up in 48 instalments, freezes amount outstanding as on notification date

PowerMin announces second special scheme in two years to clear discom dues_66636
Updated On : 26 May 2022 | 1:00 AM IST

Aditya Birla Fashion charts expansion plan as lifestyle brands grow_66703

Brokerages have mixed views about company raising funds, citing equity dilution and capital allocation risk.

Aditya Birla Fashion charts expansion plan as lifestyle brands grow_66703
Updated On : 26 May 2022 | 1:00 AM IST

Suzlon Energy consolidated net loss widens to Rs 205 cr in March quarter_66576

Suzlon Energy on Wednesday reported a consolidated net loss of Rs 205.52 crore in the March quarter.

Suzlon Energy consolidated net loss widens to Rs 205 cr in March quarter_66576
Updated On : 26 May 2022 | 12:53 AM IST

PFC Q4 net profit rises nearly 10% to Rs 4,295 crore on higher revenues_66534

The consolidated net profit of the company was at Rs 3,906.05 crore in the year-ago period, a BSE filing showed

PFC Q4 net profit rises nearly 10% to Rs 4,295 crore on higher revenues_66534
Updated On : 26 May 2022 | 12:52 AM IST

Alipore Court restrains KPMG, banks from acting on SREI audit report_66635

The order was passed on May 20, based on a petition by SREI promoter Hemant Kanoria. Next hearing on May 30

Alipore Court restrains KPMG, banks from acting on SREI audit report_66635
Updated On : 26 May 2022 | 12:49 AM IST

Advertisements discriminating on gender identity to now face ASCI action_66577

The Advertising Standards Council of India (ASCI) maintained that its code already required ads to not deride anyone on the basis of race, caste, creed, gender or nationality

Advertisements discriminating on gender identity to now face ASCI action_66577
Updated On : 26 May 2022 | 12:47 AM IST

Investment firm DVC announces close of $80 mn fund for SaaS start-ups_66698

It will invest in one company per quarter, or a total of approximately 20-25 companies over five years.

Investment firm DVC announces close of $80 mn fund for SaaS start-ups_66698
Updated On : 26 May 2022 | 12:40 AM IST

Asset allocation model of 'balanced advantage funds' must fit your needs_66697

Check fund's performance in different market conditions to evaluate efficacy of model

Asset allocation model of 'balanced advantage funds' must fit your needs_66697
Updated On : 26 May 2022 | 6:10 AM IST

NALCO Q4 profit rises 9.5% to Rs 1,025 crore on account of higher income_66581

The company's consolidated income during the January-March period increased to Rs 4,492.10 crore as against Rs 2,874.47 crore a year ago, the filing said.

NALCO Q4 profit rises 9.5% to Rs 1,025 crore on account of higher income_66581
Updated On : 26 May 2022 | 12:35 AM IST

LSG vs RCB Eliminator Highlights: Patidar-Harshal take B'lore to Qualifier_66586

LSG vs RCB Highlights: It was a brilliant effort by Rajat Patidar who scored a magnificent 112* to take Bangalore to 207. Harshal Patel's figures of 1-25 in 4 then secured the win against Lucknow

LSG vs RCB Eliminator Highlights: Patidar-Harshal take B'lore to Qualifier_66586
Updated On : 26 May 2022 | 12:35 AM IST

Bank of India's net profit rises 142.3% to Rs 606 crore in Q4FY22_66712

The board recommended a dividend of Rs 2 per equity share (of face value of Rs 10) for 2021-22 subject to shareholders' nod

Bank of India's net profit rises 142.3% to Rs 606 crore in Q4FY22_66712
Updated On : 26 May 2022 | 12:34 AM IST

Visa scam case: Karti Chidambaram likely to appear before CBI Thursday_66668

Congress MP Karti Chidambaram did not appear before the CBI on Wednesday to join the investigation into an alleged scam pertaining to issuance of visas to 263 Chinese nationals in 2011

Visa scam case: Karti Chidambaram likely to appear before CBI Thursday_66668
Updated On : 26 May 2022 | 12:28 AM IST